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Needs Well, Inc. ( (JP:3992) ) has issued an update.
Needs Well Inc. has announced a transition of its business alliance with Hmcomm Inc. to a capital and business alliance, aiming to strengthen their long-term cooperative relationship. This strategic move involves mutual share acquisition, with Needs Well acquiring Hmcomm’s common stock and Hmcomm receiving treasury shares from Needs Well, enhancing their collaborative efforts in AI and IT solutions. The alliance is expected to contribute to the medium- to long-term improvement of both companies’ performance and corporate value, though its immediate impact on the current fiscal year is minimal.
More about Needs Well, Inc.
Needs Well Inc. is an independent system integrator involved in software development across various industries, with a particular focus on financial system development. The company provides IT solutions that support digital transformation in both corporate and public sectors, integrating technologies such as AI and RPA.
Average Trading Volume: 517,666
Technical Sentiment Signal: Buy
Current Market Cap: Yen21.89B
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